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Technology Stocks : InfoSpace (INSP): Where GNET went!

INSP 95.78

+0.7%

Dec 24 12:59 PM EST

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To: levy who wrote (10970)	8/7/1999 1:23:00 AM
From: Hawkmoon	Read Replies (1) of 28311

Levy, Yeah I was kinda thinking the same thing, but I just was taught an interesting lesson on M2 by a fellow SI member who seems to know his business. briefing.com briefing.com As you can see, the M2 monetary growth rate has been growing slower since the first of the year and I think this has been A Greenspan's way of trying to push the heavy margin players out of the market and creating some measure of rationality in the markets. So as my learned "instructor" has advised me, inflation fears are being exaggerated because there is less money out there, thus less liquidity and that is increasing the spreads and pushing down the yields on the bonds. It possible the Fed is preparing to increase liquidity gradually as we draw closer to Y2K and that should help the bonds and the stocks, but not before you get the bejeezus frightened out of us. Any other opinions? Regards, Ron

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